A system of benchmarking and bonuses is used to determine the pay of certain politicians. This method is similar to that used in the banking industry. The Financial Times has reported on this topic, exploring the reasons behind this approach to politician compensation.

Further information on this system and its implications can be found in the Financial Times. The publication has examined the use of benchmarking and bonuses in politician pay, providing insight into this unique compensation method.

Details of the system and its effects are available from the Financial Times, which has delved into the topic of politician pay and its similarities to banking industry compensation practices.